FOSL - Fossil Group, Inc.
| Previous Close | 18.00 |
| Open | 17.90 |
| Bid | 16.51 x 2900 |
| Ask | 17.15 x 1100 |
| Day's Range | 16.77 - 17.97 |
| 52 Week Range | 7.16 - 32.17 |
| Volume | 1,171,660 |
| Avg. Volume | 1,706,017 |
| Market Cap | 835.798M |
| Beta (3Y Monthly) | -0.27 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.68 |
| Earnings Date | Feb 11, 2019 - Feb 15, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 20.20 |
Yahoo Finance Video•6 days agoGoogle buying Fossil Group's smartwatch technology
Google announces it's buying Fossil Group's smartwatch technology for $40 million dollars. Yahoo Finance's Melody Hahm discusses the retail sector with Shoptalk's Krystina Gustafson.
- InvestorPlace•18 hours ago
5 Hot Small-Cap Stocks That Are a Bit Too Toasty
Among publicly tradable securities, perhaps none are more enticing than small-capitalization firms, or colloquially, small-cap stocks. Though specific definitions vary, these investments typically describe companies with market values between $300 million and $2 billion. Why would anyone want to risk their money on these speculative offers? The most obvious answer is profitability potential. Larger companies usually enjoy greater resources, and analysts as a collective force have vetted every detail. Not many surprises exist, which means these blue chips provide relatively stable trading dynamics. On the other hand, smaller firms, especially hot small-cap stocks, have an information "blackout." Analyst coverage is limited, if one is even on tap. Moreover, upstart organizations suffer a credibility gap. Almost always, they promise much upfront, but their ability to deliver over the long run remains questionable. InvestorPlace - Stock Market News, Stock Advice & Trading Tips However, this lack of information also represents the greatest strength for small-cap stocks. Like anything in life -- betting on a racehorse or drafting a franchise quarterback -- higher risks can yield higher rewards. In addition, if you're not about to retire, a controlled exposure to hot small-cap stocks is prudent. Unlike their well-capitalized counterparts, smaller firms provide explosive profitability potential over a short time frame. What it would take a Dow Jones blue chip to accomplish in 10 years can be realized within a matter of months, or even weeks. * 7 Dark Horse Stocks You Really Need to Look at for 2019 That said, you want to know when to pull the trigger, and when to call it quits. Here are five small-cap stocks that are on fire, but you shouldn't buy until the time is right: ### Crocs (CROX) Source: Shutterstock Due to its sub-$2 billion market value, Crocs (NASDAQ:CROX) fits within the accepted range of small-cap stocks. Despite my personal styling reservations, Crocs' signature shoes -- the clog-like ones manufactured with holes in them -- have fit well with customers. As a result, CROX stock has absolutely dominated Wall Street. Last year, shares doubled in value. More impressively, Crocs continued to deliver the goods throughout 2018, and carried positive momentum into the current year. So far this month, CROX has gained 8.6%. At the same time, every good thing must come to an end. CROX stock has gone too far too fast. Earlier in January, the shoemaker received a price-target upgrade from $25 to $31. Right now, we're very close to meeting this forecast. I can dive into further details, but in this case, common sense provides the best argument. Without question, CROX is one of the most intriguing hot small-cap stocks. But right now, it's overheated. ### Fossil Group (FOSL) Source: Joe King via Flickr (Modified) Famous for its stylish but accessible wristwatches, Fossil Group (NASDAQ:FOSL) has previously generated envious returns. That's not surprising considering its $800-plus million market cap. But last year, the watchmaker suffered a schizophrenic episode. In the first half of 2018, FOSL stock skyrocketed nearly 244%. But poor revenue guidance sparked a rapid deterioration in sentiment, with the second half witnessing a 41% drop. Yet Fossil Group appears to have once again won over investors. Since Christmas Eve, shares have jumped nearly 27%. Should speculators trust FOSL stock? While shares have once again entered the realm of hot small-cap stocks, a major headwind is competition. We know that Fossil has significant smartwatch cred as evidenced by Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) recent deal with them. However, smartwatches aren't unique and it's a crowded sector. * 7 Retail Stocks to Buy for the Rise of Menswear With the troubles Apple (NASDAQ:AAPL) has endured selling its once-unassailable products, it's a good idea to let Fossil cool off. ### Boyd Gaming (BYD) Source: Ace Via on Flickr With a market cap of $3 billion, gaming and hospitality outfit Boyd Gaming (NYSE:BYD) is one of the more well-resourced small-cap stocks. Given its exposure to the "vice" industry, BYD stock has natural appeal for speculators. When the economy is chugging along, consumer confidence increases, potentially resulting in higher gambling revenues. But if economic conditions deteriorate, the euphemistically-labeled "hospitality" industry offers escapism. Therefore in theory, BYD stock should witness sustained growth. Unfortunately, the second half of 2018 proved otherwise. After questions about economic stability surfaced, Boyd tumbled badly, shedding nearly 39%. However, Santa put BYD in his "nice" list. Since Christmas Eve, shares have blown up in a good way, delivering 39% returns for embattled shareholders. So is this evidence of a turnaround? I'm hesitant. Recent events like the unprecedented government shutdown have demonstrated that we're not walking on sound territory. As such, I'd wait before diving into a company so levered to consumer sentiment. ### H&E Equipment Services (HEES) Source: Daniel X O'Neil via Flickr Among hot small-cap stocks, H&E Equipment Services (NASDAQ:HEES) enjoyed a memorable run following President Donald Trump's electoral victory. A day after the historic but contentious election, HEES stock jumped nearly 18%. It's easy to see why speculators loved H&E Equipment Services. The former real-estate mogul promised big plans for his administration, chief among them the border wall. Additionally, the President has espoused a roll-up-your sleeves, "git r done" attitude. Such powerful support from the top naturally boosted HEES stock. But last November, the Democrats secured a critical victory in the midterm elections, winning a House majority. As we're witnessing with the ongoing government shutdown and associated negotiations (ie. finger pointing), Trump is unused to direct resistance. That puts H&E Equipment in a tough position. * 7 Stocks to Buy as the Dollar Weakens Moreover, we're not seeing any political headway. As it stands, we have a stubborn president and an unreasonable opposition party. So despite its massive leap forward in January, you should wait for the likely cool-off phase. ### Arrowhead Pharmaceuticals (ARWR) Source: Shutterstock Similar to other small-cap stocks, Arrowhead Pharmaceuticals (NASDAQ:ARWR) had a split personality in 2018. During the first half, ARWR stock shot into low-earth orbit, profiting speculators nearly 269%. But in the second half, Arrowhead didn't really move the needle, eventually losing more than 9%. However, recent market data suggests that ARWR stock is back to its winning form. So far this month, shares are up over 19%. Is now the time to jump aboard one of the most intriguing hot small-cap stocks? On one hand, I really love the company's biotech cred. Arrowhead specializes in RNA interference, or RNAi. This describes the natural mechanism in which living cells suppress a specific gene's activities. ARWR leverages this mechanism to help combat certain debilitating diseases. But on the flip side, meeting clinical requirements is always a tough business. Moreover, insiders have been dumping their shares since 2015. I think the wiser approach is to hold off and wait. As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Growth Stocks for the Return of the Bull * The 10 Best Index Funds to Buy and Hold * 10 Lithium Stocks to Buy Despite the Market's Irrationality Compare Brokers The post 5 Hot Small-Cap Stocks That Are a Bit Too Toasty appeared first on InvestorPlace.
- Financial Times•yesterday
[$$] Oil and gas investors are endangered but not doomed
Over the past decade costs for renewable energy generation have fallen substantially, particularly for wind and solar. Government subsidies for alternative energy suppliers have also fallen. As Fatih Birol, executive director of the International Energy Agency, has stated, renewable energy is no longer a niche market.
- American City Business Journals•5 days ago
The Funded: 7 Bay Area startups raise over $300M at week's end
Seven Bay Area companies disclosed more than $300 million in new venture funding at the end of the week. Here's more on that and other Bay Area venture news.
- Zacks•5 days ago
Signet Stock Falls on Lackluster Holiday Sales & Lower View
Signet's (SIG) holiday season sales were unimpressive. This compelled the retailer to trim sales and earnings forecast.
- Engadget•5 days ago
What does Google get out of buying Fossil’s smartwatch tech?
Yesterday, Google announced that it would be paying $40 million for intellectual property related to smartwatches from one of its closest partners: Fossil Group. As part of the deal, a portion of Fossil's own R&D workers who were supporting that IP will join Google. To be clear, this isn't a merger, nor is Google buying all of Fossil's smartwatch business.
- Zacks•5 days ago
Fossil-Google's Deal Reflects Focus on Wearables Category
Fossil Group (FOSL) unveils plans to sell its IP connected to a smartwatch technology to Google for $40 million.
- TheStreet.com•5 days ago
Fossil Shares Rise After Company Announces Plan to Sell Tech to Google
In the deal, Google will pay $40 million to Fossil in exchange for intellectual property needed to make the watches, according to Fossil's press release. Research and development employees at Fossil will join Google employees to work on transferring the intellectual property to Google. "Fossil Group has experienced significant success in its wearables business by focusing on product design and development informed by our strong understanding of consumers' needs and style preferences," said Greg McKelvey, executive vice president and chief strategy and digital officer.
- Reuters•5 days ago
Fossil to sell smartwatch technology worth $40 million to Google, shares rise
The sale will see a portion of its research and development team currently working on the technology moving to Google. "The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry," Stacey Burr, vice president of product management at Google's Wear OS, a smartwatch platform, said.
Reuters•5 days agoFossil to sell smartwatch technology worth $40 million to Google, shares rise
The sale will see a portion of its research and development team currently working on the technology moving to Google. "The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry," Stacey Burr, vice president of product management at Google's Wear OS, a smartwatch platform, said.
Motley Fool•6 days agoGoogle Buys Fossil's Smartwatch Tech, Is Definitely Building a Pixel Watch
The search giant is looking to accelerate its smartwatch road map in an effort to catch up to the competition.
- American City Business Journals•6 days ago
Google is paying Fossil $40 million for smartwatch technology
Fossil, a longtime partner of Google, is getting $40 million from the California giant for its smartwatch technology.
- InvestorPlace•6 days ago
Fossil Group News: FOSL Stock Climbs on Smartwatch Deal With Google
In the latest Fossil Group news (NASDAQ:FOSL), the watch maker announced that it has reached a deal with Google -- owned by Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) -- in which Fossil will offer the tech giant some of its technology. The deal will see the watch manufacturer provide Google with some of its smartwatch technology, as well as some members of its research and development division that is responsible for creating the division. The deal is worth an approximate $40 million, with the deal's terms determining that Fossil will transfer a "portion" of its R&D workers. This portion of Fossil's R&D team is directly responsible for the intellectual property that is being sold to the tech giant. This means that Google will now have, under its employment, a team of workers who have hardware experience, helping the company with its WearOS software platform, as well as possibly new smartwatch designs moving forward. InvestorPlace - Stock Market News, Stock Advice & Trading Tips "Wearables, built for wellness, simplicity, personalization and helpfulness, have the opportunity to improve lives by bringing users the information and insights they need quickly, at a glance," Stacey Burr, president of product management for Google's WearOS platform, said. "The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry by enabling a diverse portfolio of smartwatches and supporting the ever-evolving needs of the vitality-seeking, on-the-go consumer." FOSL stock is up 4.5% Thursday, while GOOG stock is up 0.3% and GOOGL shares are up 0.3%. ### More From InvestorPlace * Morgan Stanley: 7 Risky Stocks to Sell Now * 10 Stocks You Can Set and Forget (Even In This Market) * The 7 Best Stocks in the Entrepreneur Index Compare Brokers The post Fossil Group News: FOSL Stock Climbs on Smartwatch Deal With Google appeared first on InvestorPlace.
- Schaeffer's Investment Research•6 days ago
Fossil Call Volume Spikes on Google Agreement
Before today, it was FOSL put buying that was popular
- MarketWatch•6 days ago
Fossil stock gains after company says it will sell smartwatch IP to Google for $40 million
Shares of Fossil Group Inc. are up nearly 5% in afternoon trading Thursday after the company announced that it would be selling intellectual property related to in-development smartwatch technology to Alphabet Inc.'s Google for $40 million. The shares were up as much as 10.9% earlier in the day but have given back some of their gains. Fossil said in a release that some members of its research and development team who are focused on this particular IP will move to Google. "Fossil Group retains more than 200 R&D team members to focus on innovation and product development," the release said. Fossil expects the transaction to close this month. Fossil shares have gained 94% in the past 12 months, as the S&P 500 has lost 6.4%.
- Bloomberg•6 days ago
Google Spends $40 Million on Watch Tech to Fight Apple
The Alphabet Inc. unit will pay $40 million for Fossil intellectual property, according to a statement from the companies. Additionally, an unspecified number of Fossil’s research and development employees will join Google. Alphabet stock was little changed at $1,089.58.
TechCrunch•6 days agoGoogle is buying Fossil’s smartwatch tech for $40 million
Rumors about a Pixel Watch have abounded for years. Today Fossil announced plans to sell its smartwatch IP to the software giant for for $40 million. Sounds like Google will be getting a nice head start here as well.
- CNBC•6 days ago
Fossil shares jump after Google agrees to buy smartwatch tech for $40 million
Google will buy $40 million worth of Fossil's smartwatch tech, Fossil said Thursday, driving shares of the company upward.
- GlobeNewswire•6 days ago
Fossil Group Enters Agreement To Sell Select Smartwatch Technology To Google
RICHARDSON, Texas, Jan. 17, 2019 -- Today, Fossil Group (NASDAQ:FOSL) announced its plan to sell to Google for $40 million intellectual property (IP) related to a smartwatch.
- InvestorPlace•6 days ago
Innovation Will Keep Nike Stock on a Winning Path
If anything has become clear over the past two decades, it is that Nike (NYSE:NKE) is a long term winner. While other fashion brands have come and gone with often fickle fashion trends - think Abercrombie & Fitch (NYSE:ANF), Under Armour (NYSE:UAA), Fossil (NASDAQ:FOSL), or L Brands (NYSE:LB) Victoria's Secret - Nike simply hasn't. Nike stock has remained almost fad-proof. For over two decades now, the company has stood firmly atop the secular growth athletic apparel market, and that has powered Nike stock to consistent gains in a long term window. This will remain true for the foreseeable future for several reasons. Above all else, Nike is innovating way faster than all of its peers, leveraging technology to optimize its product creation strategy, and is bringing new, fresh, and exciting products to market with unprecedented pace. InvestorPlace - Stock Market News, Stock Advice & Trading Tips All of those things boost Nike brand among both professionals and amateurs alike, and maintain Nike as the premiere athletic apparel brand in the world. * 7 Stocks to Buy as the Dollar Weakens Those initiatives will also keep Nike on a winning path for a lot longer. Every now and then, NKE gets slightly undervalued. See mid-2017. It also gets slightly overvalued from time to time. See mid-2018. Ultimately, those are just opportunities to add and trim. At the end of the day, Nike has risen a whopping 560% over the past ten years. Investors have every reason to believe a similar rally will unfold over the next ten years. Thus, NKE is a long term buy-and-hold. Trim on big rallies. Add on big dips. But ultimately stick with NKE stock for the long haul. ### Nike's Innovation Is Firing on All Cylinders If there's one thing that is most important in the apparel market, it is innovation. If you innovate better and more quickly than anyone else, then you will consistently bring better and more exciting products to market. Better and more exciting products boost brand awareness and image. Boosted brand awareness and image attracts professionals and amateurs to your brand. Revenues go up, so you have more money to spend on professional endorsements, which in turn attracts more amateurs, who bring in more money. It's a positive feedback loop that all starts with innovation. Over the past two decades, Nike's innovation in the athletic apparel market has been unprecedented. This arguably remains more true today than it has even been before. Case 1: Nike Adapt BB. Nike just launched its first ever self-lacing smart basketball shoe. It's a smart shoe which is controlled by and connected to a smart device, and tightens or loosens based on user preference. Think real world Back to the Future applied to basketball shoes. Most other athletic apparel companies have yet to launch a self lacing shoe. Nike is applying this technology to performance shoes. Clearly, Nike is way ahead of the curve on self lacing technology. Regardless of if this footwear style becomes the norm or not, Nike's innovation advantage here illustrates just how forward-thinking this company is. Case 2: Nike's Consumer Direct Sciences team. Nike recently expanded its partnership with big data and AI firm Gridsum (NASDAQ:GSUM) to enhance Nike's data driven marketing and sales approach in China. This deal simply shows that Nike is much more than an athletic apparel company. They are a technology company that leverages big data analytics to influence and optimize product creation, assortment, and distribution. Overall, it is clear that Nike is innovating where no one else is the athletic apparel space is innovating. Such innovation has powered huge gains and unprecedented stability in Nike stock over the past twenty years. It will continue to do so over the next twenty years, too. ### Nike Stock Will Remain a Winner Here are the characteristics which have defined NKE over the past five years: * Mid to high single digit annualized revenue growth. * Stable operating margins in the low teens range. * Forward P/E multiple around 25. Those characteristics have been good enough to lead to Nike stock more than doubling over the past five years. In comparison, here are the characteristics which should define Nike stock over the next five years, given the company's innovation and leadership position in a secular growth athletic apparel market: * Mid to high single digit annualized revenue growth. * Slight operating margin expansion due to more premium product assortments. * Forward P/E multiple around 30. Essentially, revenue growth should be the same, and higher earnings growth potential through a more positive outlook on margins is compensated for in a higher forward P/E multiple. Thus, Nike stock is supported by largely the same characteristics today as it has been over the past five years, a stretch in which Nike stock doubled. In this light, Nike stock looks ready to double again over the next five years. ### Bottom Line on NKE Stock Given the company's unprecedented innovation, long history of market leadership, and track record of operational excellence, Nike stock is a long term winner. Dips are merely opportunities to add. Rallies are opportunities to sell. In the long run, this stock will trend significantly higher. As of this writing, Luke Lango was long NKE, FOSL, and LB. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post Innovation Will Keep Nike Stock on a Winning Path appeared first on InvestorPlace.
- Markit•6 days ago
See what the IHS Markit Score report has to say about Fossil Group Inc.
# Fossil Group Inc ### NASDAQ/NGS:FOSL View full report here! ## Summary * Bearish sentiment is high * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Negative Short interest is extremely high for FOSL with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting FOSL. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $3.14 billion over the last one-month into ETFs that hold FOSL are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•7 days ago
Foot Locker (FL) Outpaces the Industry, Up 16% in 3 Months
Foot Locker (FL) boasts a strong portfolio of leading brands under a variety of store banners that aids it to target specific markets and efficiently cater to consumer demand.
- Zacks•8 days ago
Ascena's Holiday Comps Up 3%, Stock Down on Bleak Q2 View
Ascena (ASNA) posts impressive holiday comps growth. However, the company widens its loss per share view for second-quarter fiscal 2019.
- Zacks•9 days ago
Herbalife (HLF) Volume Growth Solid, Currency Woes Linger
Herbalife (HLF) exhibits consistent growth in volume points across key markets. However, adverse currency impacts are expected to dent 2018's performance.
- Zacks•9 days ago
Urban Outfitters Looks Lucrative Despite 15% Fall in 3 Months
Urban Outfitters' (URBN) focus on store openings, digital enhancement and international expansion bode well. The company posts solid holiday season results.
